Bond investors are avoiding Asia’s emerging markets as the region’s resilience to the global inflation threat shows signs of cracking.
Abrdn plc has turned underweight on Asian debt and SEB AB has grown more cautious, while Goldman Sachs Group Inc. sees a nascent rate-hike cycle to tackle price pressures flattening its yield curves the most in the developing world. Asian sovereign bonds are among the worst performers in a gauge of local-currency debt, with some saying the pain is just starting.
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June 12, 2022 at 11:00PM
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Inflation Drives Investors Away From Asian Emerging Market Debt - Bloomberg
"asian" - Google News
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